Sonoco Products Co. (SON) Tops Q2 EPS by 1c; Guides In-Line

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UPDATE: BofA/Merrill Lynch Upgrades Sonoco Products (SON) to Buy

July 22, 2013 7:02 AM EDT

(Updated - July 22, 2013 9:17 AM EDT)

BofA/Merrill Lynch upgraded Sonoco Products (NYSE: SON) from Neutral to Buy with a price target of $42 vs $38. Analyst George Staphos thinks the odds are high that investors will be surprised by Sonoco's earnings power over... More